Analysis by Laura He, CNN Business
Updated 0947 GMT (1747 HKT) December 22, 2020
Hong Kong (<a href=”https://edition.cnn.com/2020/12/22/tech/smic-us-sanctions-intl-hnk/index.html" target=”_blank” CNN Business)
China had been counting on its biggest chipmaker to help the country eventually reduce its reliance on the likes of Intel (INTC) and Samsung (SSNLF). The United States just put those ambitions in jeopardy. Washington announced Friday that it will require US exporters to apply for a license before they can sell to Semiconductor Manufacturing International Corporation (SMIC). The US government claims that the chipmaker can use its tech to help China modernize its armed forces. SMIC (SIUIF) says it has no relationship with the Chinese military. But in a statement on Sunday, the company acknowledged that while the restrictions are unlikely to hurt its short-term operations, its loftier goals are in doubt. The new US rules will have “a material adverse effect” on its ability to develop highly advanced chips, it said.
Vietnamese policemen stand guard outside a courtroom hearing a trial involving former Minister of Transport Dinh La Thang, Hanoi, Vietnam, January 9, 2018. Photo by Reuters/Kham.
The rare Rafetus swinhoei, or Hoan Kiem (Sword Lake) turtle, spotted at Dong Mo Lake in Hanoi. Photo courtesy of the Asian Turtle Program.Tests have confirmed that the turtle recently discovered in Hanoi’s Dong Mo Lake is a rare Hoan Kiem turtle, authorities announced on Friday.
Đọt Chuối Non 